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Wallace Miner in Wallace, Idaho

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Wallace Miner

Location

Wallace, Idaho, United States of America

Date

Jan 03, 1924

Page

2

Coeur d'Alene District Mines Poised for Prosperity in 1924

The 1923 mining year showed strong output except for Callahan and Hecla closures. Hecht, Hunter, Pine Creek, and Star are expected to expand production this year. The district faces limited development, driven by external conditions or miscommunication to investors, requiring corrective actions to unlock capital and sustain growth.

Coeur d'Alene Callahan Hecla Hecht Pine Creek Cooura Aine Coeur d'Alenes

Senator Bruce backs Mellon tax plan while opposing the soldiers bonus

Senator Bruce defends a tax cut while opposing the veterans bonus, saying his stance aligned with ex service men in his state. He notes two sons served in France and argues fellow lawmakers fear the soldier vote but should weigh real convictions.

Northwest Cummins France Senate Bruce Congress

Why Not More Silver To Help The Miner

A call to boost silver prices by increasing demand through conscious purchases of silver goods. The piece urges prioritizing silver in metal goods and notes government efforts to expand uses. It cites the Engineering and Mining Journal-Press suggestion to buy sterling silver gifts, especially at Christmas, to aid silver producers.

Friends of Silver Engineering and Mining Journal-Preas

How J Bull Saved 2000000 Holke Statesman

Britain used a debt funding clause to pay a large semi annual debt payment with Liberty bonds. By buying bonds at about 98 and handing them to the United States, Britain increased value to about 91.5 million dollars and saved roughly 2 percent on the payment, with minor gold cash only.

Britain United States

Maryland Senator Against The Bonus

Maryland Senator Bruce, newly in the Senate, shows independence from party in a vote for Cummins over a Lafollette ally during the interstate commerce committee chair contest. He tells the New York Herald that he belongs to the Democratic party but acts for the people rather than servile party ends.

Bruce Maryland Senate Committee On Interstate Commerce Lafollette Cumming Cummins New York Herald Democratic Party

Fragmentary Finance Note on Bond Par Value and Exchange Loss

A damaged OCR passage discusses bonds returning to par value and assessing true value by comparing sums borrowed and repaid. It notes Britain’s loss of about 7 percent on a loan due to an unfavorable exchange rate, highlighting the give and take in modern international finance.

Britain

Freight Rates and Commodity Prices Dialogue

The Carnegie Institute chief told farmers that a 2 percent price cut by manufacturers could cut farmer costs as much as a 26 percent freight-rate drop. A 1 percent loan-interest reduction helps, but freight reductions may come under political pressure. Regulation should boost railways for farmers to avoid sacrificing service efficiency. Farmers must research regulation and freight-rate policy themselves.

Chicago Tribune Carnegie Institute At Pittsburgh

Guelph Mining Project Advances Veins at Guelph

Under Kellogg purchasing agent A. B. Corby the Guelph Mining & Milling Co reports crosscuts advancing 200 feet with 100 more feet planned toward the Guelph vein. A 650 foot north cut will reach the vein beneath an ore showing in the No 2 tunnel. South drift work aims to expose eastern Ambergris load. Two shifts, seven men. heavy snowfall delaying only minor supplies.

A. B. Corby Kellogg Bunker Hill & Sullivan Company Guelph Mining & Milling Company Wardner Kellogg News Guelph No. 2 Ambergris

West Union Condition As Told By Management

The document quotes management arguing that shareholders face no need for assessments while alleging past mismanagement. It describes possible sales to Bunker Hill & Sullivan Mining and Concentrating Co and claims outsiders could arrange a deal at 30c per share. It details a prior loan burden and the new management's struggle to fund operations without imposing assessments.

Bunker Hill Bunker Hill & Sullivan Mining and Concentrating Company Easton

Western Union Mine Progress Report Shows Promising Development

The company describes dire conditions before management took over including lack of supplies and a dangerous main tunnel. It details extensions on the 130 and 190 levels, new raises, a reinforced main tunnel, and a 800 foot ore body with shipping and high grade milling ore. A deal with Wilbur Mining Co. for a 99 year lease on upper No. 3 tunnel is announced, with 200,000 Wilbur shares and non assessable stock to be used for operation, urging stockholders to investigate and support further production and improvements.

Western Union Wood Wilbur Wilbur Mining Co Wilbur Mining Company Wallace Canyon Itossi Jas. F. McCarthy Hecla Mining Company Burke McCarthy Hecla Northern Pacific A. J. Dunn Thos. H. Owen Federal Mining & Smelting Company Trads F. R. Bartles Missoula Rocky Mountain Hay

No Rouge At White House Hints Public Attitude

Dearborn Independent notes public interest in the First Lady not using rouge at the White House. It questions how the change occurred and whether social circles adjusted, calling it a sign of Washington society’s taste and restraint.

Dearborn Common Sense White House Washington Rouge Land

Engineers win recognition for two mining engineers

Two mining engineers receive government posts of technical importance. Robert J. Grant is promoted from Denver Mint superintendent to Director of the Mint, with Frank E. Shepard succeeding him at Denver. Appointments are non political and based on qualifications.

E. & M. Journal Press Robert J. Grant Denver Mint Mint Denver Frank E. Shepard Grant Mellon

Idaho to Send 11 Delegates to 1924 GOP Convention in Cleveland

Idaho will have 11 delegates at the 1924 Republican national convention in Cleveland, with two per congressional district and seven at large. The apportionment, approved by the national committee in Washington, reflects shifts in Republican voting strength, rewarding districts with higher GOP totals and adding three at large delegates for states carrying the presidential vote. John W. Hart of Menan and Portia Von Cannon of Sandpoint named to committees. Adams explains the changes and their political meaning for Southern districts and Solid South dynamics.

Idaho Cleveland Gates National Committee Washington Portia von Cannon Sandpoint John W. Hart Menan Adams John T. Adams Republican National Committee South Beca Repubcans Solid South

Salaries Scrutinized for U S Mint Officials in 19th Century

The passage notes a $5,000 salary for the chief in charge of three U S mints and eight assay offices, contrasted with the Mexican director earning $12,500 for one plant. It cites that the $5,000 rate, fixed in 1853, no longer matches rising Washington living costs.

Mexico Washington

New Year Temperature Records For Wallace

Weather observer W S Berglund reports Wallace New Year temperatures over the past decade. This year sets the low record with 14 below zero, contrasting with highs up to 43 degrees above zero in 1915 and a wide year to year variance.

W. S. Berglund Wallace Darnhas

Wallace and Burke push for show train service

Wallace and Burke push for a joint train service as a relief to Burke miners and Wallace residents amid housing shortages and unreliable jitney transport. Northern Pacific may run two trains while awaiting O W R N action, with officials stressing urgency and broader economic impact.

Wallace Burke Hanley Rossi Ross Northern Pacific U.W Commission

Also Mentioned on This Page

Wallace Printing Company Elks Temple Building Bank Street Wallace, Idaho Canada Postal Union J. Bull Ing Cannon Mr. Bartles Mr. Cannon Samuel Deane William H. Hoover Hercules Mining Company Mr. Hoover L. BE. Hanley Mr. McCarthy Hercules Wallace and Utilities Commission Russia Russian Red Cross Bermuds
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